National News

No. 1 Producer of Bogus US Bills Is...

(NEWSER) – Forget cocaine: Peru's big money-maker is making money—the fake variety. Counterfeiting has taken off in the country, which has overtaken Colombia as the largest source of fake US currency in the last two years, the AP reports. The phony money typically finds its way into the US, Argentina, Venezuela, or Ecuador, via false-bottom suitcases, books, and food; it's even ingested. Over the past decade, $103 million in fake US dollars "made in Peru" have been seized—nearly half since 2010.